Annual Fee
$119.88
Purchase Rate
21.99%
Cash Advance Rate
21.99%
Rewards Program
CASH BACK
Fees & Interest Rates
Annual Fee
$9.99 per month or $119.88 per year
$119.88
Additional Card Fee
$0 or no cost
No annual fee
Purchase Interest Rate
21.99%
Cash Advance Interest Rate
21.99%
Rewards & Features
Rewards Program
CASH BACK
Key Highlights
Earn 4% cash back on eligible gas and grocery purchases (capped annually; confirm current caps on issuer page) and 2% cash back on all other purchases.
Detailed Benefits
SimplyCash Preferred typically earns higher cash back than the no-fee SimplyCash Card, including elevated earn on gas and groceries with annual caps, and 2% on other purchases. Cash back is typically applied annually as a statement credit. Confirm current rates and caps on the American Express product page.
Eligibility Requirements
Be a Canadian resident and have a Canadian credit file.Be the age of majority in your province or territory of residence.
Ready to apply for SimplyCash Preferred Card from American Express?
Apply directly through American Express's secure application portal.
Apply Now